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Peter lonach works for a manufacturing company. He was 1600 a week for a 40-hour week and time and a halloring over 10 hours per

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Peter lonach works for a manufacturing company. He was 1600 a week for a 40-hour week and time and a halloring over 10 hours per week. During the week of the year. P r ed 9 hours the income tax withholdings are 15% of gross carings Canada Pension Plan deductions of gross camings and Employment Insurance deductions are 10 of gross carrings are the basis Canada Pension Plan campion The entry to record the payroll for Peter would include a O A Credit to Employee Income Tax Payable for $120 38 O debit to Salary Payable to Employees for 5002.50 OC. credit to Employee Benefits Expense for 554 73 OD. credit to Canada Pension Plan Payable for $15.01

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